Biden hails IBM’s $20 bln investment announcement

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Poughkeepsie (United States) (AFP) – IBM hosted US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state. CEO Arvind Krishna unveiled the spending, which will take place over a decade, in a speech alongside Biden in the tech giant’s Poughkeepsie facility. “We are proud to announce that IBM is pledging to invest $20 billion across the region,” he told cheering workers. “This investment includes breakthroughs in semiconductor technology, mainframe computers, quantum computers…

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